DSCR up to 8 units in Hale Center, TX

DSCR loan in Hale Center, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Hale Center, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Hale Center, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Hale Center, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Hale Center, TX real estate investors have you covered.

Investment Opportunities in Hale Center, TX

Benefits of DSCR Loan in Hale Center, Texas

A Debt-Service Coverage Ratio (DSCR) loan in Hale Center, Texas, offers numerous benefits to borrowers. One key advantage is that it evaluates the property's income-generating potential rather than just the borrower's credit score. This makes it an attractive option for those with fluctuating incomes or less-than-perfect credit.

Demographics in Hale Center show a close-knit community with a population of around 2,000 residents. The town has a suburban feel and is popular among families and retirees looking for a peaceful yet connected lifestyle. The education system is strong, with several schools offering quality education.

In terms of the housing market, Hale Center presents affordable housing options. The median home price is below the national average, making it an ideal location for first-time homebuyers or those looking to invest in rental properties. With a stable market and low interest rates, now is a great time to consider buying property in this area.

Main attractions in Hale Center include the Running Water Draw Park, perfect for outdoor activities and picnics. The Hale Center Pioneer Park is a historical site that offers insights into the town's heritage. Additionally, the annual Cotton Festival is a must-visit event that celebrates the town's agricultural roots and community spirit.

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